LARGO VALUE-ADD OPPORTUNITY – 3/2 BLOCK HOME WITH STRONG COMPS!
Property Details
3 Bed / 2 Bath / Carport
Livable Area: 1,240 sqft
Lot Size: 7,867 sqft
Lot Dimensions: 61 x 130
Year Built: 1954
Construction: Block
Flood Zone: X
Financials
ARV: $390,000
Market Rents: $2,400/mo
Assignment Price: $260,000
EMD: $7,500
Title: American National Title
Comparable Sales
1851 Sierra Cir N — Sold for $398,000 on 10/25
2 Bed / 2 Bath
1,013 sqft
Built 1968
Remodeled / Block
509 11th St NW — Sold for $390,000 on 5/26
3 Bed / 2 Bath
1,058 sqft
Built 1955
Remodeled / Block
1110 1st Ave NW — Sold for $410,000 on 7/26
3 Bed / 2 Bath
1,100 sqft
Built 1957
Remodeled / Block
Investment Highlights
3/2 block home with carport
7,867 sqft lot
Flood Zone X
Projected market rent of $2,400/month
Three nearby remodeled block comps sold for $390K–$410K
$130K difference between assignment price and projected ARV
Potential value-add opportunity with comparable sales supporting the target value
ASSIGNMENT PRICE: $260,000
Largo 3/2 block home offered at $260K against a projected $390K ARV. With nearby remodeled comparable sales reaching $410K and potential market rent of $2,400/month, this property offers investors an opportunity to explore both resale and rental strategies.
Buyer Due Diligence Disclosure:All information provided is believed to be accurate but is subject to verification. Buyer and/or Buyer’s representatives are responsible for conducting their own independent due diligence and verifying all property details, including but not limited to property condition, measurements, zoning, permits, taxes, utilities, HOA information, and any other factors that may affect the property or transaction. Buyer agrees to hold EzyRes LLC, its affiliates, representatives, and assigns harmless from and against any claims, losses, damages, liabilities, costs, or expenses arising from or related to information provided in connection with the property, to the extent permitted by applicable law.Buyer should independently verify all information and complete all inspections and due diligence to their satisfaction prior to entering into or proceeding with any transaction.
More About This Property
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ARV $390,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $255,000.